South Korea refused to forbid cryptocurrency trading

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the Representative of Presidential Administration South Korea Dzhong Ki-dzhun made

the official statement for measures which the government of the country is going to undertake concerning Cryptocurrency. According to him, the authorities do not intend to forbid cryptotrading, and also Technologies blokcheyna comprehensively keep development. About it writes CCN .

"First, the government South Korea will fight against anonymous cryptotrading and to make responsible for a manipulation the market, washing of money and roguish transactions. Secondly, will lock on trade Cryptocurrency, offered by the Minister of Justice Pak Sangi, it will be discussed and finished by the special working group. Thirdly, excessive speculation and roguish activity will be seriously punished. However the government will support and even to finance development Technologies blokcheyna" — Dzhong Ki-dzhun declared.

of South Korean government released an official statement today:

1. Will heavily crackdown on market manipulation and money laundering.
2. No %23cryptocurrency trading ban, task force will come up with better regulations.

Article coming on soon.

— Joseph Young (@iamjosephyoung) on January 15, 2018

«Yuzhnokoreyskoye the government made

. 2 . The ban on trade Cryptocurrency will not be, the working group will develop the improved methods of regulation" — the Korean journalist Young Dzhozef wrote at himself to Twitter.

of Bithumb, South Korea’s largest %23cryptocurrency exchange, optimistic. Spokesperson told Yeonhap in an interview that practical regulations are now being imposed.

Yeonhap

: Investors are now confident that the government will go down the right path by regulating crypto market. pic. Twitter.com/Ol96M1i5I3

— Joseph Young (@iamjosephyoung) on January 15, 2018

"Bithumb largest cryptocurrency exchange in South Korea, is optimistic. The representative of a platform declared in interview to the local Yeonhap edition that new mechanisms of regulation prepare. Now investors are sure that the government chose a right way concerning markets of cryptocurrencies" — Young Dzhozef continued.

Earlier the minister of science and equipment South Korea Yu Ang declared that recent toughening of a state policy concerning trades Cryptocurrency will not influence development Technologies blokcheyna in the country. According to him, Technologies blokcheyna and Cryptocurrency it is necessary to consider separately, and department headed by it "will use the best efforts" to promote development innovative technologies.

we Will remind

, last week round the statement of the Minister of Justice South Korea Pak Sangi about the bill on a ban of activity of cryptocurrency exchanges the political conflict between operating government and opposition parties inflamed. Against these news the cryptocurrency market endured small a collapse : the average rate Bitkoin fell below a mark to $13 000, and the general capitalization of the market decreased to $600 billion

Subsequently Ministry economySouth Korea declared that "while is solved nothing". According to Yu Ang, his department also "strongly intends" to keep development Technologies blokcheyna.

we Will remind

as it became known the day before, for anonymous cryptotrading in South Korea heavy fines can threaten .